Choosing an area in Limassol, Cyprus 🌇
It’s always hard to choose an area in which to invest, especially if you’re an international or first-time buyer! We have put together a small overview of 3 different areas in Limassol to help our investors get a better understanding of the market* and choose the type of investment that would work for them:
📍Zakaki - up and coming area, close to the mall of Limassol, largest Casino resort in Europe (Opening 2022) & the only city-centre golf course in Cyprus (opening 2025). High capital appreciation & yield potential (rented long term). Investments starting from €150,000 for a brand new 1 bedroom apartment.
📍Potamos Germasogeias - Walking distance to the sea, high yield potential (rented long or short term), under the highway, attractive villas and luxury apartments. Investments starting from €270,000 for a 1-2 bedroom apartment in a well-maintained building.
📍Agios Athanasios - Local Residential area, easy access to private schools, above the highway, large choice of newly built apartments and townhouses/villas, panoramic view advantage, perfect for first time homeowners. Investments starting from €220,000 for a brand new 2 bedroom apartment.
*Average market prices in October, 2021.
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